In addition, offshore companies are also gaining market share with low labor costs, leading to price falls. ix For example, Amazon' s application services is affecting the revenues of players such as ##& ## and GoDaddyx.

THREAT OF SUBSTITUTES Figure ##: Factors influencing the threat of substitutes in the global IT services industry, 2018 M A R K E T L I N E SOURCE: MARKETLINE An alternative to a number of services offered in this industry is to employ and train in-house staff to p

The services segment includes integration and installation services, support and maintenance services, education and training, e-services (e-commerce, e-retailing, and e-booking), web hosting, and consulting services.

THREAT OF SUBSTITUTES Figure ##: Factors influencing the threat of substitutes in the IT services industry in Europe, 2018 M A R K E T L I N E SOURCE: MARKETLINE An alternative to a number of services offered in this industry is to employ and train in-house staff t

IN 2017, FOSSIL (EUROPE) MAINTAINED ITS STRONG LEAD WITHIN THE ADDITIONALLY, GROWING ONLINEBUSINESS IS BOOSTING THE MARKET DEMAND OF THE SMARTWATCHES AS ##% OF ALL THE LUXURY RELATED SALES ARE CONCLUDED ONLINE.